Risk Management- Margin and Collateral Oversight- Analyst
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.
As a Margin and Collateral Oversight- Analyst within the Risk Management and Compliance team at JPMorgan Chase, you will be at the forefront of maintaining the strength and resilience of our firm. You will be instrumental in helping the firm grow responsibly by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers, and communities.
Job Responsibilities
- Support the EMEA Collateral Risk team in managing all aspects of collateral risk from regulatory margin, in-house margin, collateral pool assessments (liquidity, concentration, wrong-way risk, etc.), collateral/margin disputes.
- Monitor exposures, identify concentrated or concerning risk positions, and escalate appropriately. Identify notable trends and material changes in the collateral pool
- Understand margining methodologies, conduct benchmarking analysis, and engage senior traders to understand trade and market dynamics.
- Monitor markets and geopolitical developments and assess impact to the collateral pool
- Support Sales and Trading on the negotiation of CSAs, mitigating collateral risk by identifying and managing collateral eligibility criteria and non-standard collateral.
- Provide on-going support to Credit Officers on counterparty credit exposure for new deals with complex structures correlatedness, including the explain and challenge of calculations by 1st line of defense.
- Contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements
- Manage responses to bespoke client requests on the firm’s initial margin methodologies
Required qualifications, capabilities, and skills
- Undergraduate degree with a minimum of 3 years relevant work experience.
- Bachelor’s degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance and/or Economics
- Knowledge of risk management including scenario analysis and stress testing. Knowledge of NCMR, SIMM, VaR or other margin methodologies.
- Good understanding of quantitative concepts relating to credit exposure, risk sensitivity and stress testing
- Demonstrated interest in and knowledge of global financial markets and strong intuition in its impact to our business
- Excellent analytical and problem-solving skills; inquisitive nature and comfortable in challenging current practices
- Strong communication skill and interpersonal skills to be leveraged in executive governance and senior management forums
- Must be able to work under pressure and deliver on multiple tight, time sensitive timelines
- Innovative and creative thinking. Ability to improve current processes and achieve efficiencies
- Prior experience with coding and data visualization tools such as Python, Alteryx, SQL & Tableau
Preferred qualifications, capabilities, and skills
- Experience in Credit, Trading or Trading middle office functions. Master’s degree, CFA, CQF or FRM designations are preferred.
- Sufficient product knowledge and quantitative skills with broad range of asset classes and investment strategies, a plus
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